Sterling & Wilson Board Approves Results, Appoints Senior VP of IT

Sterling and Wilson Renewable Energy Limited’s board has approved the unaudited standalone and consolidated financial results for Q3 2026 and the first nine months of FY26. In addition, Mr. Rajesh Mittal has been appointed as the Senior Vice President – Information Technology, effective January 20, 2026. The board meeting took place on January 15, 2026.

Financial Results Approved

The Board of Directors at Sterling and Wilson Renewable Energy Limited approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. These results have been reviewed by the statutory auditors.

Appointment of Senior IT Leadership

Effective January 20, 2026, Mr. Rajesh Mittal has been appointed as the Senior Vice President – Information Technology (IT) at Sterling and Wilson Renewable Energy Limited. He will also be a Senior Management Personnel (SMP) within the company.

Rajesh Mittal’s Profile

Mr. Mittal holds an MBA from the Indian Institute of Management Kozhikode, and a B.Tech. in Electronics and Telecommunications. He has 25 years of experience in IT services. He has been recognized with the CIO500 Accelerator X Award 2024 and four CIO100 Awards, among other accolades.

Financial Performance Overview (Standalone)

The unaudited standalone financial results show:

  • Total Income: ₹1,838.19 crore for Q3 2026 compared to ₹1,535.50 crore for Q3 2025.
  • Total Expenses: ₹1,768.45 crore for Q3 2026 compared to ₹1,445.68 crore for Q3 2025.
  • Profit before tax: ₹69.74 crore for Q3 2026 compared to ₹89.82 crore for Q3 2025.

Financial Performance Overview (Consolidated)

The unaudited consolidated financial results show:

  • Total Income: ₹2,110.79 crore for Q3 2026 compared to ₹1,842.67 crore for Q3 2025.
  • Total Expenses: ₹2,075.56 crore for Q3 2026 compared to ₹1,801.58 crore for Q3 2025.
  • Profit before tax: ₹4.39 crore for Q3 2026 compared to ₹41.09 crore for Q3 2025.

Source: BSE

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